News Snapshot:
https://www.oann.com/bank-of-china-h1-profit-rises-12-biggest-first-half-jump-since-2013/?utm_source=rss&utm_medium=rss&utm_campaign=bank-of-china-h1-profit-rises-12-biggest-first-half-jump-since-2013 August 30, 2021 BEIJING (Reuters) – Bank of China Ltd (BoC), the country’s fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity recovered from the COVID-19 pandemic. Profit was 112.8 billion yuan ($17.44 billion) in the six months ended June 30, according to the lender’s statement to the Hong Kong stock exchange, versus 100.9 billion yuan a year earlier, when the government implemented measures to contain the health crisis. The first-half figure implies profit of 60.2 billion yuan for the April-June quarter, up 24.6% from 48.33...
